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On Monday, July 29, Potlatch (NASDAQ:PCH) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
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Wall Street expects EPS of 18 cents and sales around $213.98 million.
In the same quarter last year, Potlatch announced EPS of 75 cents on revenue of $268.23 million. Analysts estimate would represent a 76% decrease in the company's earnings. Sales would be down 20.23% from the year-ago period. Potlatch's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 0.050 | 0.05 | 0.91 | 0.69 |
| EPS Actual | 0.080 | 0.04 | 0.87 | 0.75 |
Stock Performance
Shares of Potlatch are trading at $38.46. Over the last 52-week period, shares are down 19.66%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The popular rating by analysts on Potlatch stock is a Neutral. The strength of this rating has risen over the past 90 days.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.